Wealthy to dump billions into superannuation
Sally RoseFinancial services reporter
Updated
Wealthy Australians who face a nine-month deadline to pump up their superannuation balances are expected to respond by dumping billions worth of cash and property into their retirement accounts.
The introduction of a new $100,000 annual limit on non-concessional super contributions, effective July 1 next year, is also likely to drive up leverage in the self-managed superannuation sector.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Superannuation & SMSFs
Fetching latest articles